For some time now we steemians have been setting beneficiary to null for the purpose of burning steem in our post, so in my today's entry I will be explaining to you guys the meaning of burnsteem25 project on the steemit platform
WHAT DO YOU KNOW ABOUT THE BURNSTEEM25 PROJECT?
According to my own understanding what I know about the burnsteem25 project here on steemit is that it is a project that plays the role of burning steem coins rewards for the purpose of developing the steemit ecosystem
Since steem is a cryptocurrency whose price is volatile and can easily rise or drop at anytime, so with the help of burnsteem25 project which plays an important role in the development of steemit blockchain, by helping increase the price of steem thereby helping us steemians to reach our goal more rapidly
So you see that it is very important and advisable for us steemians to always use the burnsteem25 by setting beneficiary to @null so as to help stabilise the steemit blockchain
SHARE YOUR CONTRIBUTION TO THE BURNSTEEM25 PROJECT.
Truth be told at first when ever I hear of the word burnsteem25 I'm always very confused because I didn't know what that meant and I'm sure that a lot of steemians out there still do not know what it means up till now
But now that understand what it means and how useful it is to the steemit blockchain i have been actively supporting the burnsteem25 project eversince by setting post beneficial to @null
So I will very much urge all steemians around the world to always try and support the burnsteem25 project by setting beneficiary to null account to help develop the steem ecosystem
As you can see in the above screenshot I'm about to publish an article and I have just set beneficiary to null account in support for burnsteem25 project and I will urge you all to always do the same
HOW IMPORTANT DO YOU THINK THE BURNSTEEM25 PROJECT IS TO THE DEVELOPMENT OF STEEM?
The steemit platform is a very popular platform that has grown so rapidly over the years, and it is our duty as steemians to try a follow their rules in ensuring that the platform grows at all cost
That's why the burnsteem25 project is very important to the development of steem ecosystem because it is slowly burning steem coins which through that it's gradually increasing the price of steem coin
It is very important in the development of steem because it helps in controlling the excess flow of steem token there by reducing steem inflation
WHY WOULD YOU INVITE OTHER STEEMIAN TO JOIN THE BURNSTEEM25 PROJECT?
I would really like to invite all active steemians to always try and support the burnsteem25 project because of some of the above mentioned importance which I have just mentioned above
Which through this will help stabilise, maintain and increase the price of steem token thereby causing a free and controlled flow of steem coin in the steem blockchain
We all want the price of steem to increase and the only way to make this possible or a reality is by supporting the burnsteem25 project here on steemit by always setting beneficiary to @null before publishing our post
CONCLUSION
The burnsteem25 project is a very good project which has greatly played an important role in stabilising and maintaining the price of steem coin thereby enhancing steemit development, so friends let's us all try and work together to ensure that this is achievable
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